Searches And Hires
The retirement system made the decision last month following finalist interviews.
PFM Asset Management currently provides the services for the city.
The pension plan issued an RFP in May seeking services previously provided by staff and its investment manager.
The retirement systems also disclosed co-investments yesterday.
The retirement system liquidated the two investments to exit the China market.
A Western deferred compensation plan has issued an RFP seeking an investment consultant.
The retirement system replaced three underperforming domestic equity managers in the fourth quarter.
The plan had worked with its incumbent investment manager since 2022.
The retirement system has issued three domestic equity manager RFPs.
The institution approved four financing agreements with startup companies recently launched from its ecosystem through its accelerator fund at its July board meeting.
